Replies to post #339737 on Mr Cooper Group Inc (COOP)

[marayatano]

No offense taken. The approx. $50 million (and added valuation) was based on the combination of the two experts (Debtor's and ours) during confirmation.

There is more to this, but I am short on time.

“Based on the two expert opinions, one of which is too conservative and the other of which is too aggressive,” the court concluded that the present value of the NOLs to the reorganized debtor was $50 million. This assumed that the new entity should be able to raise additional capital and debt over the next 20 years equal to twice the value of its current assets, by investing these assets either in regenerating its reinsurance business or acquiring new businesses.

http://www.bvlawnews.com/bankruptcy/wamu-bankruptcy-case-stalled-despite-decision-on-valuation-issues/

Credit: Real posted this on the P board.